


Technical Sentiment Analysis for ProShares UltraPro Short QQQ (SQQQ). As of 2026-07-02, ProShares UltraPro Short QQQ (SQQQ) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 7 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SQQQ stands at 48.79, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -1.35, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 32.4 and the Commodity Channel Index (CCI) at -11.83 further confirm a 0.43 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SQQQ is trading below its 60-day moving average of $46.06 and below its 200-day long-term moving average of $63.93. Key price levels to watch include the immediate resistance at $41.78 and strong support at $35.79. A break above $41.78 could signal a bull continuation, while falling below $35.79 may test the next Fibonacci floor at $32.8.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 29.8 | 32.8 | 35.79 | 38.79 | 41.78 | 44.78 | 47.77 |
| Fibonacci | 32.8 | 35.09 | 36.5 | 38.79 | 41.08 | 42.49 | 44.78 |
2026-07-02
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 48.79 |
| Stochastic Oscillator | 32.4 |
| Stochastic RSI | 25.24 |
| Commodity Channel Index (CCI) | -11.83 |
| Awesome Oscillator | -1.16 |
| Momentum | 0.43 |
| MACD | -1.35 |
2026-07-02
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 38.72 | Buy |
| 10-Day | 38.78 | Buy |
| 20-Day | 39.65 | Buy |
| 60-Day | 46.06 | Sell |
| 200-Day | 63.93 | Sell |
| 250-Day | 69.21 | Sell |